BoA Merrill Lynch launches forex prime brokerage platform on Mercury

Source: Bank of America Merrill Lynch

Bank of America Merrill Lynch is pleased to announce the launch of its foreign exchange prime brokerage (FXPB) platform on Bank of America Merrill Lynch Mercury.

The FXPB platform offers an all-inclusive suite of client-driven solutions including access to position and trade rolling, trade matching, credit monitoring, live trade search and intraday valuation reporting. Coupled with Bank of America Merrill Lynch's world-class cross-product capabilities and client service, FXPB clients have broad access to market liquidity and a fully integrated prime brokerage offering that delivers strategic solutions required in today's global markets.

"We have developed a platform that is dynamic and highly customisable to provide clients with the flexibility and control to manage their bespoke FXPB needs. The features available through our platform are a direct result of research and in-depth client feedback, and provide customers with direct access to the wide range of services we offer," says Peter Klein, global head of FX Prime Brokerage and Clearing at Bank of America Merrill Lynch.

Bank of America Merrill Lynch's prime brokerage business offers cross-product capabilities servicing Equities, Futures and Fixed Income, along with its market-leading Foreign Exchange business. The bank provides clients with a complete solution for trading FX and full support for clients trading across asset classes.

Bank of America Merrill Lynch is a leading participant in the world's FX markets, trading more than 140 major, minor and exotic currencies across a full product matrix of spot, forward, options and short- and long-dated interest rate instruments.

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